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【$FLUID Signal】Bullish | Healthy Reset After Breakout with Volume
$FLUID After a 18.7% increase with volume, the price is cooling and consolidating at a high level. This is a typical healthy reset, not a top. The open interest is rising in tandem, indicating institutional buying rather than short covering.
🎯 Direction: Long
🎯 Entry: 2.85 - 2.95
🛑 Stop Loss: 2.65 ( Rigid Stop Loss )
🚀 Target 1: 3.40
🚀 Target 2: 3.80
The volume increase during the breakout, along with rising open interest, confirms genuine demand led by bulls. Currently, after breaking out, the price is consolidating in a narrow range, indicating strong consolidation as buyers continue to absorb sell orders on lower timeframes. As long as the price stays above 2.85, the market structure remains bullish, accumulating energy for a subsequent secondary surge.
Trade here 👇 $FLUID
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